Exhibit 10.1
CUMULATIVE RESTATED AMENDMENT
TO
GOLDEN LYNX LLC
LIMITED LIABILITY COMPANY AGREEMENT
This Cumulative Restated Amendment (this “ Amendment ”) dated as of May 1, 2009, is by and
between Kisa Gold Mining, Inc. (“ Kisa ”) and Cougar Gold LLC (“ Cougar ”).
Recitals
A.
Kisa and Cougar executed the Golden Lynx LLC Limited Liability Company Agreement dated
April 18, 2008 (the “ Golden Lynx JVA ”) pursuant to which Cougar has the option to acquire (indirectly
through its membership interest in Golden Lynx LLC) up to 80% of Kisa’s interest in certain properties in Alaska
by expending certain minimum amounts on exploration of such properties.
B.
Kisa and Cougar also executed, among other things, a letter agreement dated August 22, 2008,
(the “ August Letter Agreement ”), pursuant paragraph 3 of which the Golden Lynx JVA was amended to
provide that the cash purchase price paid by Cougar in the amount of $50,000 for 500,000 shares of common
stock of Gold Crest Mines Inc., the parent of Kisa, was credited by Kisa to the amount to be contributed by
Cougar to the Company as Cougar’s Initial Contribution under the Golden Lynx JVA (such paragraph 3 of the
August Letter Agreement, the “ First Amendment ”). Capitalized terms used herein without definition have the
meanings set forth therefor in the Golden Lynx JVA.
C. Kisa and Cougar now desire to (i) extend the expiration of the first earn-in period under the
Golden Lynx JVA from April 18, 2011 to April 18, 2013 and the expiration of the second earn-in period under
the Golden Lynx JVA from April 18, 2013 to April 18, 2015, subject to extensions as provided in Section 5.1(c)
of the Golden Lynx JVA; and (ii) restate the First Amendment and supersede any contrary term in the August
Letter Agreement.
Agreement
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereby agree as follows:
1.
This Amendment restates, replaces and supersedes all previous am